#quants-n-traders
1 messages · Page 32 of 1
idk radix or something
you just have to save your stamina
so you don't burn out in hs
nah quant needs some grinding lol
faang is just leetcode monkey
yea true
but you actually have to understand stuff
which is a high bar lol
honestly i wish i knew ways to take bc earlier in high school
i’ve asked this elsewhere before but what do ppl recommend for learning c++, i know the syntax and that’s about it. starting c++ role at my firm in september and don’t wanna embarrass myself
effective modern c++
i had huge senioritis with senior year all online
what is hypsm
🔥🔥
Ty
22 too old
Have to go relearn how to read now
Is faang+ good outcome for t100
@robust totem am I doomed
whats the endgame in quant? making ur own hft systems? like in faang its to have sucessful startup exits or vc
Retirement
coding jesus ?
some prop
@scenic bison am I doomed
partner
unironically the best exit from gs tmt
what the fu j
goblin barrel/miner off screen?
isnt he at imc trading
idk thats why i asked
i think he shared a offer from imc he shld be there
good morning EST folks
you're starting your internship?
하버드
Stanley Morgan 🥸
how good is p72/cubist and GTS? In comparison to like IMC and akuna
Bumping but with 5r
I feel like Point72 would be the most different
Imc are 5r are probably the most successful
But I know nothing about gts
nyse dmm, p established high freq setup I think
wait why
My understanding is it meant more when trading was manual
no what? I think they are responsible for a significant portion of liq on nyse
i know someone who was at gts
Eg nasdaq had no single dmm
only thing i know about it is the pay kinda sucked tho
Solely responsible for some inst, in fact
GTS accounts for 3-5 percent of daily cash equities volume in the United States,
Per google
In March 2023
they dont pay super well tho
Yeah I’ve never heard of someone leaving for gts
Or people going to gts
But I could be out of the loop
Small setup
They only did senior hires until v recently I think
huh what lang is ur intro data structures class in
can u give me an example question
Ik, I’m planning to show how simple any question that they would ask is
you’re getting js and hrt next year
not true
and might depend on the team
if it's one of the core equity related market making teams it would pay very well
also the salary posted online is not accurate
at least not a general case
I mean ik a guy who was there this spring and he said it wasn’t great
prob depends on team
when i interviewed at gts they asked me lots of c++, os, algo and a bit of math
almost no java
and for p72/cubist i think variation among teams could be larger
yes
cubist did ask me java stuff like the heap memory model
New gen s1 s2 old genn etc
but I think just so happens the interviewer knows java
whats dif between cubist and point72
I think it's also feasible to start off as a qr in a smaller company like square point and just jump ship
it's a lot easier to switch like this so long u r in the field
usually the requirements aint as high for these firms, so just solid dev background, some basic finance knowledge, some stats and probs, some ml
yea but not well known for tech
they don't focus much on hft so I guess not necessary to hv the latest and greatest
they only just started out doing data pipelines a few years back from scratch
but my exp with them for QR was mainly dev focused
they didn't rely ask advanced financial knowledge etc
nope but I got into final round then the HM refer me to their tech department instead LMAO
It’s a different interview process instead right?
I lowkey don’t even know how to review for a PM
yea for the qr first round was just leetcode then there was a round on stats and probs and financial knowledge like how to combine diff portfolio tgt
That shit seems mad different
then there was another round of like mini code review
with senior QR
then final round with HM
talke about ml
Asia lol
junior quant researcher
yea
it don't matter
the senior qr told me he's mainly doing data dev
LMAO
like data storage
then other times he's doing research and ops
but mainly dev
yea so I feel like primary req is still good swe background
their coding questions were hard
5 rings asked this and this question made me wanna bash my head
harder than tech
A wooden stick with a length of 1 was randomly broken, find the expected length of the shorter one
yea i saw this at cit and jump
their hr is thrash
I talked to a friend who got return offer
he told me the hr shld hv referred my application to tech directly but ended up I went through the rounds to be referred in the end
late last year or early this year, I just grad
matlab better
was your interview with the PM technical or not?
if by PM u mean portfolio manager i didnt interview with any PMs
ah okay ic
i think it's harvard
write universal search and then say you solved p np problem
Might have to be burger flipping at this rate
does anyone have a breakdown of the most profitable trading firms/HFTs? i recall seeing an infographic on this but cant find anything
OS, networks and maybe minimal comp architecture
i think these are fundamentals tho
having targetted projects will be quite good
or contributing to open source projs
personally i go for projects
open sourcing would be a great addon imo
in the end i think at hft your skills and learning abilities >> YoE
yea agree, its just harder for fresh grads to stand out cuz theres so many applicants
yeah but imo usually if you have great tech internship it helps a lot
unicorn+flag level
flag=fb+linkedin+apple+google or similar level top big techs
unicorn=top pre-ipo startups
unicorns tend to have very modern tech stacks and high engineering hiring bar
and comprehensive exposure to lots of tech stacks
is faang a subset of the equivalence class of facebook/linkedin/apple/google
maga
yeah similar level just as i said
it's only rope or no rope
anyways i mean the skills/learning abilities are the most important factors
assfungal
is this actually true
or just BS advice like college prestige doesnt matter
like doesnt ur first NG largely define ur career
this is my own understanding
or bar you from going into some niche areas that want you in there from day 1 eg quant
it helps for getting interviews but beyond htat ur actual skills matter
it's definitely fine if you have some other understanding
like ik tons of folks doing tech -> quant or other way around, etc.
bruv
okay cool i see
Do you how to prep for quant dev positions? Recruiter said they will ask math and leetcode (how to prep for math..?)
Ya I meant what they ask on interviews besides leetcode
Which company
I don’t think youll ever get team/pod-specific pnl numbers
AUM (which is probs what you saw) isnt always the best metric but ig it's a good proxy
ive interviewed at various firms for QD positions and have gotten offers, feel free to DM me
Who pinged
I wanted to know if there was a certification that I could do online that would help me with quant jobs
What is wrong with certs?
how is this funny
aws make shit so complicated that it takes a cert to know how to use it
we are rewarding bad design
what about azure
for dev? which companies? asking cause I've never heard aws cloud mentioned as a skill that would be helpful before
I need ideas for C++ projects? Where can I find inspo?
I don’t think hft use aws
hft def cannot use aws
Too much latency for doing network and rpc
a lot of crypto funds and smaller funds can’t afford mass colo so they host some on AWS, it could be useful then
lots of firms also use cloud computing for other reasons, like running low-frequency strategies or running research tools
those are usually hedge funds
hft dont use aws im p sure
yep, its not feasible
except for certain crypto exchanges which use aws themselves, so then crypto hfts try to colo via aws
ik huobi has that
what about non-hft non-hedge funds like jane street
what
what
js is hft i think?
they majorly do equities mm stuff
oh someone said they arent
since mm isnt really high frequency
ie they use ocaml
they r prop i think
Hell even I use a cloud hosting service
Not something as complex as AWS but Ive used Linode
Linode is awesome
Anyone have tips on prepping for the js phone for SWE?
using ocaml doesn’t mean your strats can’t be hft
they do mm, meaning they have to have some sort of latency goal
you can modify things
for example, 2s uses Java and Scala for their strategies (granted they’re not hardcore hft exclusive) by stripping away the gc and exceptions and more shit
oh I wasn’t responding to ur msg ur right abt that
24 internship interviews at js already or ft?
yeah internship
oh yea I forgot they ran SWE off season
prop shops aren't necessarily HFTs tho
and HFTs aren't a subset of prop shops
do u guys think it would be hard to pivot back into the tech industry if u started out at trading firm
in a sense the tech stack at trading firms are quite specialised, even when it comes to languages and tools
well the tech stack at most big tech companies is also very specialized and mostly internal tools
No
You will likely know people with links to big tech anyway
So you'll be able to interview anywhere you want after a few years i reckon
Is Martin Thompson famous in HFT?
Sure
4blue0brown
anyone here interview for XTX markets? was wondering if i could DM a question abt the process 🙂
For the video, waste of time for the companies bro a single new grad swe isn't worth the effort to jump thru all these hoops
Idk you think he's more qualified or less qualified than the standard new grad hire? Looks good but not crazy Einstein single-handedly invent next atom bomb type impact
Oh I meant to the video of the 14 year old my b
Companies be ignoring child labor laws but can't ignore my green card status
Yeah, it's mostly parenting
So many kids are capable of this, but most parents know that childhood social development is more important than algebra in 2nd grade
he'll be a senior swe at 18 lol
but starting corporate life at 14 is so rope
when you don't even have to
bachelors at 14 -> phd at 19 -> amazon data scientist
Will working at a hft startup as a software intern increases chances of breaking into quants full time?
have anyone of u interned at faang before?
sure! feel free to dm
whats the intuition for the probability being z^2?
wait
i get it nvm
independently calculating odds of two variables, so for n IID random variables it would be z^n
all that work to do crud for elon
does anyone know when citadel posts new grad roles for swe for 2024
intern is always easier and better, especially given your resume
i would say you are better for QT looking at your resume
research is more relevant for QR, for QT it's not needed
haha you'll always feel like that
i think you will be fine given your bg
you can grind once you get an interview
it's not like you wouldnt need to grind for QD anyways 😛
i would rm co-founder
no i would rm that experience entirely
you dont want them to think you have sth on teh side to distract you and it's not like ur 4 person thing is imprressive, it's j -ev
also it's no longer maintained
so like you should have more recent suff
stuff
i also dont think that your minority stuff is super relevant for trading, i feel like that space can be better utilized to say what you did, instead of just who was involved
finally, your tools and langs line only takes up half a line and you right-center it, so maybe add more stuff
also pedantic but dont say C/C++
that tells me you dont know C++
yeah one of these were relevant in a headlands interview i hd the other day lol
i think your space utilization is very off
if u like math more def go qt, quant dev is more low latency systems than actual trading
idk the diff between concentration and minor but surely those can be put on one line
even if ur tryna emphasize that they are different
i mean can't u apply for both?
I don’t think what you have is enough tbh (i have interviewed with many LL shops and got offers)
i think you should focus on QT but if you get rejected then go for QD
i think many places onnly allow 1 pos at a time
they say that but i got oa and interview applying for both 
QT screens arent as bad as QD
same HR handles scheduling interviews, OAs they auto send out often so that makes sense, but i would be surprised if you were doing finals for multiple positions
unless it's some a weird firm doing a one-off thing
if that did happen, im curious to know which firm lol
from my exp they usually say choose 1 for final but u can interview for both at least for the inital rounds
ya
cuz ive always been told to only go with 1 process at a time haha
do u guys remember trameski8
is he a troll
been asking me some dumb ass questions in dms
Flippant is a generous way to describe it, feels like I’m dealing with a kid but i didn’t wanna be an ass to him in case he actually was
Dunno how strict rules are so gna edit that lol
no
Any good OS books that are practical/lab-focused?
I.E Plenty of exercises, projects etc
block him
psa for quant channel, if you get dms from him, block him
will*
Yes lol
yeah thats how it starts
how do u prepare for math part of quant interviews? Mainly probability ig?
anyone interviewed for cubist before?
prob, stats, combinatorics, linear regression etc if u know ML u shld be good with the math part too
depends on what quant role theres also math for financial knowledge
like the diff ratios, how to combine them across portfolio, how to interpret them etc
so not just purely math math
You’ve been asked about information/treynor ratios before??
Or do you mean sortino?
sharpe, sortino, calmar etc, the basic ones
information ratio never been asked before
also things like skews of returns
i had projects on systematic trading, so they asked in detail on my backtesting stats and how i tested it
the various costs involved
similar experience between QT and a QA
oh and basic things like interest rate and its effect on prices of diff products
in school
and theres a lot of resources and similar projects on github
its not as diffcult as a fullstack swe its just a diff domain knowledge and coding them out in python, kind of like a data science proj tbh
anyone has web scraping experience here?
@fast gazelle does
What’s de shaw min gpa? Got reached out to by a head hunter, after sending resume homie cancelled our call. I have a 3.75 from a t5 cs
whats ur prev exp?
Unicorn + faang + research at big ai lab
Ur gpa isn’t 4.0 💀
1 top tier conference pub. Thought my resume was great except gpa ngl
idt it was gpa
Oh i should have mentioned. Mans said ur gpa doesnt meet the min required by de shaw
Tht why i curious what their cutoff is
Wait. We had a call scheduled but he cancelled our call bc of gpa
So ig tht means i won’t get to interview w shaw?
that's a first cuz ik ppl w 3.6 that interviewed
for swe
Shade - after reviewing your resume just quickly I noticed that you GPA doesn't quite hit the mark for the minimum DE Shaw have requested i'm sorry but our call will no longer be necessary.
I wish you all the best in your job search and hope you find a great role, i hope to be able to work again in a year or so and get you transitioned into the quant space.
Headhunter
Yeye
Oh ok lmfao
Oh wtf. Yea im new to this space. Wasnt even interested in hft too much but hav a couple friends qr/swe
Field seems p interesting tho, but i’ve heard sm horror stories
I doubt you’ll be in a position where u only crack quant and nothing else — usually ppl that can pass quant interviews have the luxury of choice
always the old guys with the hats
Good book imo for cpp
https://www.amazon.com/Primer-5th-Stanley-B-Lippman/dp/0321714113
Python simple enough imo where u can learn by using a lot
hm is there a specific reason why u want to learn cpp?
at least for me the way i learn languages is try to make a basic project
and google up syntax and documentation along the way
gotcha
Lmao i took os w him
Btw, what are the general tips for ng swe at hft? I reached hm chat for citadel last yr for internship, but my interviews were p easy ngl. J lc easy-med.
And like one q on os but tht was p chill too
it's like a computer vision library
I feel like this is less effective for C++ because of the weird quirks that have built up
Like unless you were googling every single thing it’d be fair to assume you normally create an enum with enum not enum class
I used learncpp and it’s also redundant if you know how to code (it’s structure is also weird bc I talks about the “wrong” way to do things then teaches you the standard way)
I think the best way might be reading a minimal book with examples while also doing a project?
anyone did cubist onsite before?
Cpp is weird in the sense that getting basics doesn’t take too long but it def takes a while and coding a lot in it to get the more nuanced details
this is probably the best way i could think of
but effective modern is good apparently
i havent had time to read it but its a compilation of good practices
esp since its easy to right non-standard code in c++
i doubt the certification is worth it
no employer would rly care, esp if u have a university education
also nice pfp lol
ofc neptune always got me
yeah
imo u dont really learn much until u build large scale
projects in cpp
i made my own version of vim and game engine using opengl 
oh gg, honestly not the worst but annoying reading sm gnu doc and looking up what each ansi escape sequence does
stuff like syntax highlighting can get bit complex but not too bad overall
that sounds like a cool class in hindsight granted prob not fun while making
lmfao i just stick with one standard unless if i have to switch just cuz im too lazy to read documentation
the vim one is actually not as bad as u think cuz its lowkey just googling gnu documentation and reading what each terminal escape sequence does it just takes a while to code out the logic cuz u implement a lot of things manually
in production code namespace is bad practice imo, that being said fine for personal projects
Did someone post a problem here earlier?
If I remember correctly, it was something about n balls and coloring pairs until all of them were the same color
Someone with a Rowlet profile pic
for large cpp projects u could work on llama.cpp, tons of neat stuff to do there
What role? I also have a not 4.0 and was reached out and sent my resume but I never got back to them on scheduling a call 💀
its moreso reinterpret_cast, if you have to reach for it you’re probably doing something dangerous or weird
Idk, homie reached out to me for ml/systems. I asked him he said 3.85 is the cut off 💀
Tell him his hairline should get him cut off
whats the best way to find definitions to notation you are not used to
Which notation
S_n;n>=1
but this isnt a one off issue
i stop knowing notation far before i stop being able to understand whats going on
need to fix this
I think that’s just the set of sums {S1,…,Sn} or zero index it if you want to
Hm true idk context helps a bit for me
i think im starting to get it now
thanks for help, im more trying to figure out what my go-to strategy is when this happens in general
What you can try is fix n (like take S1) and then see what composes S1
Then you have that for n>=1 so it must be a set
you could try reading/referencing a entry level math book, like Michaels Analysis I
thats the thing, i dont even know it should be a set, stuff like that. thank you
would you say analysis is a good point to start learning notation? theres also linear algebra at my school, maybe that could help too
Do linear first
It’s more mathematical maturity than what math you’re learning
As you do more math you’ll be able to just read it through
they usually contain the introduction to the notation you seem to be looking for
linalg prolly also contains most of what you are looking for
yeah thats what im looking for tbh
mathematical maturity
Take a proof based math course
Or read a book
Though the course will be more helpful
maybe i can shadow the linear algebra course this summer
based on this convo linalg LOL
https://docs.google.com/spreadsheets/d/1pLWwZaHUWXFAUjivWCi6go96nd3-nAFzc4XvZKNI2co/edit#gid=0 if you can read some of these notes, you can read any notation no matter how terrible it is
See the DP section in particular lol
wtf is that class
dsa
it covers like 4 of my schools classes worth of material, and we are known for having few,dense classes
ok well more like 2ish, but npc approximations never showed up on my 2nd algos class and were just to see for fun
Sounds about right
1sec computer freezing
actually i guess this skips most of my data structures material
no turing machines 😭
so its my schools intro algos
they just throw random 1 lecture stuff in we never covered like union find and hashing
prob covered in another course
covered in 120/121
weaht school btw
also what do you call what we call data structures? where you learn about linked lists, vectors, trees, and the inherent suffering in implementing them in homeworks
start off w discrete or combinatoric
oh yeah i was gonna share problems with you but then forgot. @broken thorn
https://ocw.mit.edu/courses/18-a34-mathematical-problem-solving-putnam-seminar-fall-2018/a17ab830c0c36ffccb7a5ae953d689f3_MIT18_A34F18PS1.pdf heres a cool problem set i recommend
every problem on it has a really disgusting bash solution and also a shortcut insight that turns it into a one liner
theres no solution manual. try to solve as many of them as you can, knowing that a quick solution exists for all of them
this trains good insight
thanks
where does this equation below come from? according to this equation
its saying
p_a * 83 - (1-p_a)*17 is somehow derived from E[X]*E[N]
oh wait
i think i get it now
no clue the intuition behind it but basically everything is a martingale according to them
which means it steps to 83 with prob p and to -17 with prob b
yeah it's a typical martingale property
thats their definiiton i think
that they step like that and have EV of 0
not sure the second equation though. are we using E[X]*E[N] here? seems like we are not, but im not sure why they show us that in the notes section otherwise
unless thats used later
haha
green book says to try it without gambler ruin, its very similar tho. i ended up figuring out first part
and i guess escond
the day someone says this in an interview i might just die then and there
It should, it has the curly braces
correct me if im wrong but this solution seems extremely out there compared to the rest of the problems in this martingale section
theres zero intuition for this established in the explanation of random walk, martingale, stopping time, etc
am i wrong?
i also just have no clue how this solution works, and how reflecting paths and changing the number of +1 and -1 steps is allowed
oh ok i get how it works now, if it ever crosses then there is a total of n+1 steps to the left, so counting all possible n+1 to the left paths maps to the number of times the guy runs out of change
still think its silly they give thsi problem to me without any intuition to solve it, but i guess this is more of a problem book than a textbook anyways
would prefer if they keep the number of "heres a magic principle you need" solutions to a minimum so i can actually solve problems even if i havent heard of the reflection principle before
see catalan numbers
In combinatorial mathematics, the Catalan numbers are a sequence of natural numbers that occur in various counting problems, often involving recursively defined objects. They are named after the French-Belgian mathematician Eugène Charles Catalan.
The nth Catalan number can be expressed directly in terms of the central binomial coefficients by
...
more insight on this particular counting phenomenon @broken thorn
they give 6 separate proofs
surely i will understand at least one of them
:clueless:
you'd see this in a standard combinatorics or discrete math class
and just identify it either as catalan numbers verbatim, or pattern match the proof technique that you like the most out of the 6
Anybody have problem sets they recommend after the green book
@runic grotto try these ones
Thanks all
Tbh just familiarize yourself with concepts in prob/stats/linalg
I think almost all math problems are some repetitive variations of these concepts
This idea is pretty general though
These look nifty
What I meant was green book might already be enough and it’s more important to make sure u know the pattern
How to apply certain concepts in each variation
🤔
why restrict yourself to just one source. theres cool problems everywhere
?
Nah the problems are too easy for Putnam
I only did Putnam once in freshman
Absolutely hard as f
Spent 1.5 hrs solving problems and the rest staring at the paper
I might do it this year
i did it a few times. always a persistent feeling of "couldve solved 4 more if i studied more" but studying more was largely a waste of time
I've looked at the problems, I could probably solve around 3 or 4
the profs would buy us pizza and soda though so it was chill
I'm pretty bad at comp math though
Yeah that’s the best part during then
it was fun to just go and solve problems with pizza and soda for a whole day
rant with your friends after each block over which ones you got or theorycraft on the ones u didnt get
3 or 4 is already 🐐
Could just be me overestimating
from the ones i linked?
how many did u get?
ok nice
I remember during the year I participated doing 4 is top 300
I'm definitely overestimating myself then
There's no way I'm top 300
I wasn't even USAMO
Yeah but I don't even do problems in my free time
putnam is literally during finals or right before finals though
4 problems is a reasonable goal to go for. theres usually 2 easy-enough problems on each part
What about the second time
happens
i didnt know about comp math in hs so i didnt participate in that stuff
I'm probably completely out of my depth on Putnam, was barely AIME and didn't touch comp math since
putnam was my first and only exposure i guess
Yeah they’re very different
True

on putnam-fear: i recommend not judging/filtering problems by the source. its worthwhile to just collect a big pile of problems and try them independent of its so called rated difficulty to get a feel for what problems are actually within your ability
Noted
1, 2, 3, 4, 6, 9, 12, 18, 19, the others i didn't really try
I probably will take another look tomorrow since I've been procrastinating on homework too much
There's also a pretty big chance that I got some completely wrong
yea nice. if anyone can figure out 5d, 15, or 20f id be interested
Anyone here interview with TGS Management?
Yeah sure
hey can I message you also??
which firms offer winter internships for trading or swe??
jane street lol
yea fs
I think I've figured out 5d
nice. whatd u do
wanna dm me or post it here. up to you
i have bad lower bounds on 15 m x n but i feel like im missing a nice elegant trick by looking at it diagonally
So what I did was find the number of ways a number can be assigned to sets
I brute forced the first few cases
And it was Fibonacci
Yeah
thats sick. ill try it, thx
Sure
yea i got it for n=1, still need to check for larger n that it extends in a not terrible way, ill check later today
coolio
Well each element can only be assigned to one of the possibilities by construction, so I don't think there will be any issues for larger n
And proving that this number is Fibonacci also isn't too difficult
But I didn't feel like it
So the solution should just be ||F(k + 2)^n||
👍
Also figured out 20f
based
You can just see it as ants passing through each other, so it's just the number of ants which are facing Alice + 1
So 13
15 still scares me, might be a bit before I try that one
thats what i thought it was but couldnt convince myself it was legit. i used ants passing thru each other for all the other ones too
¯_(ツ)_/¯
having a second opinion is reassuring tho
I could simulate it just to verify
would appreciate
Alright, give me a bit
100000 simulations, mean of 13.00132
yes, i am for ng, was reached out recently by a HH and then recruiter
are you also for QR?
the 13 rounds sound painful, i cant believe they have so many, and start so early 😵💫
I figured out m × n for 15
||Fibonacci strikes again||
so i know very little about the quant world
when do summer 2024 internship apps drop
normally
Most likely july or august
when did u apply??
end of august
which role
im pretty sure it's custom but knowing which role would let me say fs
Got de shaw OA today

Has quant swe been out?
Haven't really looked into quant companies but what are they looking for in the people they hire?
how long is each round lol
they should just host a round robin tourney
every applicant dukes it out against every other applicant
That sounds fun
p sure recruiters r the only ppl on li for tgs
if im expecting to publish in the next few months (paper is currently deep in peer review/revision stage), is it worth having a bullet pt. on my resume indicating that/including a link to the paper draft for qr roles? dont have any other pubs
or is that weird to do
nope
hm
yea im not even the one writing most of it lmao its research that i did under a prof around the end of hs and then someone else continued w my work later on
i wont :))
How hard is it to go from quant to SWE post grad? Have a quant internship offer for Summer 2024, but worried it won’t be a good fit for me / bad WLB
probably FT quant -> FT SWE
worried about WLB, stress, competitiveness of job
I have a couple trader friends that are on the verge of quitting
after <2 years
i think its a lot harder to pivot from traders and researchers to pivot than general swes or quant devs
yea researchers can probs only get into data science
or data related ops
traders would be in a tough spot
even for quant traders that do use programming but cuz its mainly tooling its gg be v hard
thats true too
some researchers do databse development
kind of like swe too but dependent on firms
yea exactly
its the same reason as why its hard for swe to pivot into quant at trading firms
cuz no exp
wdym
Might be a stupid question but how do people do offseason
Take a gap semester?
if it's qd/quant swe then you will have no issues, once past resume screens
I’m taking gap in fall
I mean I took swe this summer over quant cuz I didn’t really have big tech internship on resume and also just cuz something is quant doesn’t mean it is necessarily good iyk what I mean
I feel most ppl just do cuz it pays a lot new grad at least for top firms so u can get rich quicker
Like being 21/22 making 300-400k+ new grad seems appealing to a lot of ppl
theres limited trading firms/funds that pay 300-400k other than the big players
so in many cases the compensation can be the same between big tech and normal quant firms
its just that in the future u can jump into the bigger players and get a bigger pay bump as comapred to staying in tech
which quant lol
i feel like this only makes sense if it was a bad quant firm
I’ll dm
ah ya that's like the exact firms i expected lol
you wont have problems getting back into quant haha
Hello guys, am a recent fresh grad with 1 YOE, SWE, working in mainly Java Backend.
Hoping to transit into a SWE in a HFT or hedge fund, quant is also ok but I think I lack the mathematical knowledge as of now.
Is there anyone here I can pm
Thank you
if its normal swe its prolly java but on a framework basis like spring boot
IMC focuses more on core java i think, minus the framework bloats
but they are quite selectice on the background
quant has great exits, no matter where u go youre working conditions get better
Source? I only find info about their c++ focus
Ft told me directly
Does anyone have any experience with hh from Alexander Chapman? How do they compare to TOG/GTP/similar?
TOG? GTP?
Options group and Grep
did u do OA in the past
Ik someone who had smth similar happen to them but they got the offer the prev yr
I’ve heard bad things about AC
mfw nyc
they have onsite that they fly u for
i forgot what round/process some friend told me a while ago
swe?
friend was sre
easiest quant to get into?
Jordan BelveGoat
what the h*ll is a prentiship
shut you
Hey buddy I don’t like the attitude 😠
😦
Thanks mate. hmm but would u think that if I were to learn c++ probably higher chance
IMC is primarily java
so no
for some places like google and rentec for example, knowing C++ will def help
aquatic uses more C++ than python?? this is the first im hearing of that
SIG does that right
but most SWEs there j do dashboard stuff
interns*
I don’t think C++ is that meaningful plus for aquatic if you know python well
research eng and QR both seem to prefer python at aquatic
well actually idk abt research eng
compiler explorer is written in javascript and supports many langs
they have alr filled for research engineer ng ft 2024
like they arent taking any more applicants
it's kinda cooked
2
^
ya like filled in june for the next year is 💀
but that's 2 openings for you
yeah he likely is, im only saying j cuz he's there doenst mean the firm is cpp only
for qt or swe?
ic
for qt i def see that
i could never intern at sig, my ears would break from the yelling at the end of each day
usu they make you yell across trading floor to practice
you can DM
i'd never dox myself here
my friend said he was a quant at radix here once and he got so many DMs he had to quit discord

is that all it takes
i mean 500k ng and being elite to like pton and top schools helps
they r currently beating the shit outta Tower in HFT
i think it's closer to ~6-7
surely discord bro can squeeze in

ah yeah youre right
i mean no discord bro is breaking QR
most hard require phd
wait do u have phd
or ru swe or qt
ahh
oh
nice
it's a reference to the twitter hackers LMAO
it was a meme joke after chaewon said sth to me
is evercore good for ib
They renamed to 2024 https://github.com/northwesternfintech/2024QuantInternships
anyone working at jane street wanna give a referral??
Hahaha does Jane steeet even have smth like referrals? 😂😂
cracked and weird are orthogonal
no idea lol
Yeah
Watch me
who is drooling over radix?
does evercore have quant or swe teams
most large banks have quant and swe division, granted i think it's general consesus that banking quant isn't really great in terms of culture
what about Evercore specifically
for ib thats insane isnt it
or do most eb pay good and its just the goldman sachs jpmcs that pay 150k
id buy it
If it’s base yeah, if incl. bonus then above avg.
does anyone know the process for swe internship at de shaw
Yeah
Does anyone have an invite to the quant discord
no u don't
Hello is their any material to learn quant as a beginner
phd in stats
What is your background?
I have books in mind but they require a strong math background
well idk actually. Depends on your definition of strong, but I remember this repo: https://github.com/quantopian/research_public
This one might be worth looking into.
bro i remember when that website was real
Adding on to this
This was a p nice wesbite esp if u like Julia
https://julia.quantecon.org/
Thanks for the resources.
But yeah plenty of other quant books if you have the background
This also seemed like a good place to get a cursory glance at some the concepts.
anybody beard of macquarie group? they do mainly do commotidy trading
I thought it's an aus boutique IB?
Economy
Will enjoy it for sure
Appreciate thank you
i have one question and one question alone
im currently planning on doing CS+Math at ASU (inco freshmen), and considering that its both a non-target and in a location far from most quant firms to my knowledge, what is the best way to network and build my skills/quals to balance those 2 disadvantages out
I live in SoCal so during Winter/Summer periods i'm able to peek around here but outside of TGS i don't think there's any major firms here
no im a god
yea ik
ig but w non-target having ways of hooking outside of just quals would be useful no
referalls, info on job opps, general sources for info and advice
the great community on cscareers.dev shat on me for having a 1500 and not a 1600 sat
/s
but i like having irl connections
no doubt, but the skill bar to get to that scares me
got 4 years to get to that point luckily
Ic
Yea trading or dev is my goal
Most common route from asu is SWE in faang -> SWE at quant -> Quant
It’s my dream job too but from asu is too unrealistic to get straight out of college
ic, honestly that works for me
SWE In faang from asu is already 1%
no doubt, but i love the career (and hte money) so gotta make it work somehow
What I did was I created my own trading software, I have ~30% return from it over a year
1% as in hard as shit? from what I'd seen and heard ASU was p strong for FAANG recruitment
oh nice
Only Amazon
ah
Yeah referral is only way
Citadel gives OA to everyone but interview process impossible
ic
I got their OA as a freshman
crazy to hear this though regardless
since my cousin basically hopped from Micro to AMZ
Hmm that’s weird
Could be an office change or a promotion or a good team
yea
Long hours for lower pay
ah icic
They hire 6 trillion engineers for no reason lol
lmfao yea
also when should I start going for internships, Im going to take some 200 lvl courses this year but not sure if i'd have enough exp to acc be qualified for soph internships year 1
def, for me at least that rank is more for comparing offers, a job in my field is a job in my field
I only know 4 people at asu who got internship freshman year
i need to spam email profs regardless, im enroll-locked till my APs come out in July
and most of my accelerated courses are alr full
Profs kinda useless, spam email your uncles and dads friends instead
nah i meant to get my courses
Dads friends are OP
like rn all my non-first year courses i can't reg in till my Calc BC credit comes
and they've alr filled bc of that
dad works in wholesale but is having me build an e-com app for their company that we can potentially sell to them
so he's more my source for projs
still good tho
yea ik but to one degree i want to make sure i have my bases covered
and on the other hand worrying will keep me in check lol
W
at least it's not uga 
thats tough
A good one
oh some kid that used to go to georgia tech and worked with career center for mentorship program showed us this
did any of them apply as a junior
no
Ah great to know! Thanks
if an interivewer lets u pick any language for an interview, do they dislike it if you pick python (esp for quant companies)
And do they call to reject?
It’s general hiring
Scheduled for tmr
If it’s not for low latency position it should be fine
think it's fine cuz a lot of times
idea is more important
than language chosen
i think even if its low latency some firms dont enforce language selection for fresh grads
like optiver, HRT etc
cuz in a lot of these firms the fresh grads go through a training phase to get up to speed with c++ cuz its not hard to get started when u are technically inclined
Languages are trivial to learn so these firms really have no reason to care
On the other hand, problem solving skills are not trivial to learn
HRT enforces it and ik 2 years back opt asked to do their tree q for newgrads in java only (or python wasnt an option at the least)
They do enforce language
I don’t think this is true for C++ and hft cpp firms
:pandayay:
As bloated as C++ is, I don't think learning it can't be done on the job
I could also be wrong
I mean firms (Like rentec, ansatz, headlands, radix, etc) who want performant standard compliant cpp exist
That definitely cannot be done on the job and they will ask you about cpp internals
You will not pass unless you know cpp very well
I see
dn
hows ur headlands process going rn
U going new grad?
hmmm i did hrt interview for dev i could choose python
maybe its not standardized
headlands is pretty interesting, i know a senior who pivoted to headlands after working at an SEA ecommerce firm for about 2 years after grad
she picked up C++ along the way
Algo dev is ofc Python since they don’t write cpp
Core SWEs write the most cpp
(Usually)
Yeah, so there are a bunch. I think they are mostly theory though. Based on what I've read, most quant firms don't even care if you have a background in finance.
But there are some that I've been meaning to go through
If you are interested in this sort of theory, courses like linear algebra, probability theory, and basic stochastic processes are probably a good foundation.
idk I'm not an expert though. Don't trust my recs too much tbh.
I’ll dm u abt it 1 sec
hrt did enforce c++
but depending on roles i think
algo eng/algo dev should be fine
do u have to do hard leetcode type problems before getting to the fun riddles in interviews or do some places let u just do math problems
can i just have someone else do mine for me. will they quiz me on it later
idc about coding i just wanna solve fun problems
oh idc about quant i was just gonna apply for fun
i have no real stake in the process
yea those are fun ive done a few
the monthly ones right
they have a dedicated puzzlemaster role it's pretty cute
making puzzles
well some of them are just like solving a system of 20 equations and you can do it by hand but its pretty cringe to do so
the sudoku variants are nice to do on public transpo
what math u wanna study
I interviewed for a full stack role, it was react and python 😂
interviewer asked which language I prefer
HRT = CRUD
Neither
In turn some dude was asking some of my preferences
Sounds like a brief catch-up after onsite
Preferences for?
How hard are lc type interviews at hft firms in general for SWE roles? Do they mostly put emphasis on class design type problems/OS/networks or do they also ask harder lc concepts like DP? Grinding LC rn and reviewing cpp, os, networks concepts so not sure whether to go full on hardcore on LC
project and tech stack alignments etc.
LC medium to hard
Does gpa matter less if one has hft intern/ft experience?
I guess you haven’t seen Reddit
y coordinates of integer x coordinates of the following functions, assuming the first term starts at x = 1:
y = -(71 x^5)/720 + (89 x^4)/48 - (1891 x^3)/144 + (677 x^2)/16 - (21157 x)/360 + 179/6
y = -(39 x^5)/400 + (271 x^4)/160 - (3971 x^3)/360 + (3187 x^2)/96 - (162949 x)/3600 + 221/10
(Probably not what they were looking for?)
It's simple linear algebra
ha
how did you do this
Well it's just a system of linear equations
For the first one:
- a(1)^5 + b(1)^4 + c(1)^3 + d(1)^2 + e(1) + f = 2
- a(2)^5 + b(2)^4 + c(2)^3 + d(2)^2 + e(2) + f = 3
- a(3)^5 + b(3)^4 + c(3)^3 + d(3)^2 + e(3) + f = 6
- a(4)^5 + b(4)^4 + c(4)^3 + d(4)^2 + e(4) + f = 5
- a(5)^5 + b(5)^4 + c(5)^3 + d(5)^2 + e(5) + f = 3
- a(6)^5 + b(6)^4 + c(6)^3 + d(6)^2 + e(6) + f = 1/6
So you could use something like Gaussian elimination
😂
if it's not too much can you try for
looks like 1/2?
It looks like 5/8, I'll do the polynomial thing though
oh right, the rate of change is way too small. i pulled it out of my ass seeing 1 3/4 2/3 hahaha
(3 + x) / (2 + 2x)
is it an mcq type oa? @uncut steeple
yes
did you fit this before knowing 5/8
Yeah fitting doesn't get 5/8
D:
what's fitting?
Just using linear algebra to find a polynomial which passes through certain points in this case
ah
Makes sense though since it's not a polynomial pattern
hm
What are the choices?
I didn't write it down
Ah rip
but its 5/8
I meant for the other two
😦
anybody know if maven securities Chicago office is good
how did you guys learn the sequence stuff?
it's not tier 1 but not bad imo
they really have a passion in template stuff
Never learned
these sequences look dumb as hell
i got these questions in grade 2
whats the point. you can fit them to anything you want
agree
Yeah that's why I used polynomials 😂
😂
the second one if you really want to assign a pattern to it you can say its -1/2, +2/3, -3/4, +4/5, -5/6, next one would be +6/7

its more obvious when you put them under a common denominator
I was only really looking at the first and assumed the second would be something stupid
legendary @storm ember
Like cpp templates?
based
why not 1/18?
....does this solve like every sequence lmao?
Only polynomial ones
Ideally some coefficients turn out to be 0
Otherwise it's almost certainly overfitting and non-polynomial
it does in a very crude sense in that it shows that all sequence questions are completely arbitrary
It'd solve stuff like 1, 4, 9, 16 without any issues, but it just overfits on others
it specifically fits to a uniue polynomial of degree n-1, where you have n terms given
chances are this in fact not what they're looking for
And to show that it's arbitrary, you can just pick any next point and fit a polynomial through that
I.e. the next value can be whatever you want
yeye u can fit anything with anything
i dont think the questions are completely arbitrary tho cuz its assumed the most clean answer is prob correct
u can also argue almost any answer is correct on those iq test matrices too if u make up convoluted rules for them
you can argue that any answer is correct, intended is to find some rule like rotations or flips but you can also define rules by a sequence
Why does these companies have 10+ rounds of interviews 🙃
